La Honda, CA—94020
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Honda, CA
As of Oct '25, the median home price in La Honda, CA is $963,000, with a year-over-year change of 1.7%. This indicates that home prices in La Honda, CA are increasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $963,000 | 1.7% |
| Single Family | $963,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $817,000 | 3.3% |
3 Bed | $1,153,000 | 2.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Honda, CA
As of July '25, Rentcast reports the average rent in La Honda, CA is $2,460, with a year-over-year rent change of -29.7%. Per bedroom, the median rent as of July '25 in La Honda, CA is studios: $1,400, 1-bedrooms: $2,000, 3-bedrooms: $4,000. The most common rental property sizes in La Honda, CA are 1-bedroom and 2-bedroom, accounting for 57.3% and 42.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,460 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $4,000 | $4,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Honda, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Honda, CA is 83. This is a decrease of -43.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,350,000 | 13.0% |
Listing Count | 2 | -62.0% |
| Listings as % of Homes | 0.2% | -62.0% |
Days on Market | 83 | -43.0% |
Demographics — La Honda, CA
As of the latest ACS Survey released in 2023, La Honda, CA has a population of 1,740, which has increased by 30.8% over the past 5 years. La Honda, CA is a less popular place for families, as children make up 14.5% of the population. The area has a highly educated workforce, with 76.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,740 | 30.8% |
% Under 18 | 14.5% | 130.2% |
% Seniors | 31.4% | 5.0% |
% WFH | 27.2% | 244.3% |
% w/ College Degree | 76.4% | 40.7% |
As of the latest ACS Survey released in 2023, La Honda, CA is a predominantly white area, with 74.3% of the population identifying as white. The white population has shrunk by 21.5% in the last 5 years. The second most common race or ethnicity in La Honda, CA is asian, making up 8.1% of the population. Foreign-born residents account for 21.9% of the population in La Honda, CA, and this percentage has increased by 236.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.3% | -21.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 5.4% | 184.2% |
% Asian | 8.1% | 800.0% |
% Foreign Born | 21.9% | 236.9% |
Mortgage and Risk — La Honda, CA
According to HUD data as of 2023, there were 20 mortgage originations in La Honda, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in La Honda, CA. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 5.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — La Honda, CA
La Honda, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,090 | $2,000 | $3,090 |
| 2 Bedroom | N/A | N/A | $3,800 |
| 3 Bedroom | $770 | $4,000 | $4,770 |
| 4 Bedroom | N/A | N/A | $5,100 |
Affordability — La Honda, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $963,000 |
| Median Household Income | $250,000 |